Ivory Properties Group Berhad reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was MYR 1.16 million compared to negative sales of MYR 15.61 million a year ago. Net loss was MYR 9.35 million compared to MYR 28.22 million a year ago. Basic loss per share from continuing operations was MYR 0.0191 compared to MYR 0.0576 a year ago.
For the nine months, sales was MYR 8.67 million compared to negative sales of MYR 6.57 million a year ago. Net loss was MYR 21.04 million compared to MYR 77.8 million a year ago. Basic loss per share from continuing operations was MYR 0.0429 compared to MYR 0.1587 a year ago.